| SPXS latest price $18.7200 (-2.4%) ($18.6000 - $19.4600) on Tue. Feb. 8, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.19% (three month average) |
RSI | 52 |
Latest Price | $18.7200(-2.4%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXS advances 0.1% a day on average for past five trading days. |
Weekly Trend | SPXS declines -3.4% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support SPXS advance at 0% a week (0% probability) VIXM(49%) UUP(31%) VXX(10%) TBT(8%) EDOC(-5%) |
Factors Impacting SPXS price | SPXS will decline at least -1.595% in a week (0% probabilities). IVW(-98%) IWF(-97%) QQQ(-95%) IVE(-95%) DIA(-95%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.595% (StdDev 3.19%) |
Hourly BBV | -0.5 () |
Intraday Trend | -3% |
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